Shares of iShares BBB Rated Corporate Bond ETF (NYSEARCA:LQDB – Get Free Report) traded up 0% on Friday . The stock traded as high as $85.61 and last traded at $85.55. Approximately 1,197 shares traded hands during mid-day trading, a decline of 76% from the average session volume of 5,017 shares. The stock had previously closed at $85.53.
iShares BBB Rated Corporate Bond ETF Trading Up 0.0%
The stock’s fifty day moving average is $86.06 and its two-hundred day moving average is $86.67.
Institutional Trading of iShares BBB Rated Corporate Bond ETF
Hedge funds and other institutional investors have recently modified their holdings of the business. Harbour Investments Inc. boosted its holdings in iShares BBB Rated Corporate Bond ETF by 146.0% in the fourth quarter. Harbour Investments Inc. now owns 984 shares of the company’s stock valued at $86,000 after purchasing an additional 584 shares during the last quarter. Royal Bank of Canada acquired a new stake in iShares BBB Rated Corporate Bond ETF during the 1st quarter valued at approximately $334,000. Integrated Wealth Concepts LLC increased its holdings in iShares BBB Rated Corporate Bond ETF by 4.5% during the 1st quarter. Integrated Wealth Concepts LLC now owns 6,950 shares of the company’s stock worth $598,000 after purchasing an additional 300 shares during the last quarter. Goldman Sachs Group Inc. purchased a new stake in iShares BBB Rated Corporate Bond ETF during the 4th quarter worth approximately $1,790,000. Finally, Citadel Advisors LLC increased its holdings in iShares BBB Rated Corporate Bond ETF by 8.2% during the 3rd quarter. Citadel Advisors LLC now owns 22,480 shares of the company’s stock worth $1,977,000 after purchasing an additional 1,706 shares during the last quarter.
About iShares BBB Rated Corporate Bond ETF
The iShares BBB Rated Corporate Bond ETF (LQDB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of BBB rated USD denominated corporate bonds with at least one year to maturity. LQDB was launched on May 18, 2021 and is managed by BlackRock.
Further Reading
- Five stocks we like better than iShares BBB Rated Corporate Bond ETF
- AST SpaceMobile Stock Sinks as SpaceX Fallout Rattles Space Sector
- Aehr Test Systems Stock Soars on Earnings, Eyes Over 150% Revenue Growth
- TSMC Just Gave AI Chip Bulls Another Reason to Stay Confident
- GE Aerospace Faces a Prove-It Moment in Q2 Earnings
Receive News & Ratings for iShares BBB Rated Corporate Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares BBB Rated Corporate Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
